Cognition reports $2 billion Series E at $48 billion valuation
Cognition AI said it raised more than $2 billion in a Series E financing at a $48 billion valuation. SiliconANGLE reported that the company's prior May round raised more than $1 billion at a $26 billion valuation and that Cogniti...
Anthropic lines up at least 14.8 GW of compute agreements
Anthropic has entered agreements for at least 14.8 GW of compute capacity since October, according to an analysis by The Information summarized by Techmeme. The analysis says the company has made cloud-computing deals with SpaceX,...
OpenAI contracts Malaysia AI compute from Firmus
OpenAI has contracted dedicated AI compute from two Firmus AI Factory sites in Malaysia under a multi-year agreement announced September 8. Firmus said OpenAI becomes an anchor customer and that its total contracted capacity acros...
Report says Inspur uses subsidiaries to obtain advanced AI chips
The New York Times reports that Inspur, a China-owned company blacklisted by Washington over work with the Chinese military, has bypassed US restrictions on advanced AI chips through new subsidiaries and partners. The report says ...
Mistral AI reported to be raising €3 billion Series D round
Mistral AI is raising €3 billion ($3.49 billion) in a Series D round, according to Bloomberg Technology, with Samsung Electronics joining the financing. Chief Executive Arthur Mensch said the French AI company is probably still un...
Anthropic reportedly declines Decart AI acquisition
Anthropic has decided against acquiring AI startup Decart AI, according to people familiar with the matter, Bloomberg reported. The companies may still explore other ways to collaborate, one of the people said. The report does not...

